Do you think India runs on Plutocracy?
After seeing the development of recent Pune Porsche case, NEET story and few other cases where the rich & wealthy get different benefits than the rest… do you also also feel that money is everything and the system helps those who have it. Doesn’t matter who you, if you got the money then you can get whatever (legal or illegal) you want and the rules and regulations will change to protect you.
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Regulatory Capture in India
Bill Gurley (Benchmark Capital) delivered a spirited talk at the All In Pod Summit a few weeks ago about regulatory capture in the US . Link to the full presentation below While a lot of ongoing news narrative suggests it happens a lot in India, does anyone have any examples of regulatory capture in India. (This is political party agnostic, so examples from any time period is fine)
This talk was recorded live at the All-In Summit 2023 at Royce Hall on UCLA's campus in Los Angeles. (0:00) 2,851 Miles(24:44) In conversati...
https://www.youtube.com/watch?v=F9cO3-MLHOM